TERRENO REALTY CORP (TRNO) Stock Technical Analysis
USA - NYSE:TRNO - US88146M1018 - REIT
We assign a technical rating of 2 out of 10 to TRNO. TRNO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of TRNO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
53.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 55.93 to 56.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 53.76 to 54.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 57.69 to 59.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 60.22 to 62.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @65.22 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TRNO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRNO is down. |
| ChartMill Relative Strength | 36.41 | NEUTRAL | TRNO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TRNO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.09 | NEUTRAL | The RSI value for TRNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.35 | NEGATIVE | The MACD value suggests TRNO has a negative trend. |
| Stochastics (14,3) | 29.03 | NEUTRAL | The Stochastics value for TRNO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.3 | MEDIUM VOLATILITY | The ATR as a percentage value for TRNO suggests some volalility. |
| Average Directional Index/ADX (14) | 19.12 | NEGATIVE | The low ADX value for TRNO suggests a weak or negative trend. |
57.13
-1.4 (-2.39%)
TERRENO REALTY CORP / TRNO FAQ
What is the ChartMill technical rating of TERRENO REALTY CORP (TRNO) stock?
ChartMill assigns a technical rating of 2 / 10 to TRNO.
What is the current trend direction of TERRENO REALTY CORP (TRNO) stock?
The current trend direction for TERRENO REALTY CORP (TRNO) is Bearish.
Can you provide the RSI signal for TERRENO REALTY CORP?
TERRENO REALTY CORP (TRNO) has an RSI value of 40.0922. This indicates that the stock is currently neutral.
Can you provide the short term momentum for TERRENO REALTY CORP?
The short term momentum for TERRENO REALTY CORP (TRNO) is negative.
Can you provide the support and resistance levels for TERRENO REALTY CORP?
TERRENO REALTY CORP (TRNO) has a support level at 56.96 and a resistance level at 57.69. Check the full technical report for our detailed analysis of TRNO support and resistance levels.